Posts Tagged ‘Essbase’

Many public sector planning organizations struggle with common challenges during their planning and budgeting process. Inadequate tools for tracking expenses by Fund, Program, Project, or Activity Existing systems prone to mistakes No process control Fragile, easy to break Difficult to generate reports Oracle’s Hyperion Public Sector planning application is a great fit for preparing workforce […]

In many Hyperion Essbase projects, getting user acceptance testing complete on time for all the Essbase calculations is an onerous task. It becomes even more complicated while metadata sign off is still on its way for perfection. This is often because the end users are so used to sign off after looking at the reports as a […]

After your purchase of Oracle Essbase, you are now ready to follow a curriculum geared towards your job role: business user, developer, or IT support. Each learning path is tailored to meet your specific training needs. Business Users models and test complex business scenarios to rapidly discover trends and to analyze business issues hidden within […]

Financial forecasting captures relevant operational, statistical and financial data in one place to enable sound planning and decision making.  In addition, forecasting fosters a common understanding of business drivers and their effect on operations and financial performance. Effective Financial Forecasting and Enterprise Performance Management require these capabilities: –      Capabilities for Budgeting and Flexible Variance Analysis […]

If you walk into a Chief Financial Officer’s office in the US and ask if they use “Hyperion”, the answer is likely to be “yes”. Why is this?  This solution has innovated to the level of changing the margin trajectory for ~6,000 customers across many industries by automating and innovating capacity planning and financial performance […]

The healthcare payment systems are evolving from simple pay-for-performance demonstration projects and never-event exclusions to Medicare value based purchasing, readmission restrictions, and bundled payments. Expenses also are under scrutiny and required accurate costing data. Costing systems need to be freed from the back room and become a relevant corner stone for preparing forecasts and capacity […]

Healthcare providers are getting pretty good at creating budgets and comparing financial results vs. budgets but just how realistic are these budgets in the first place? Too often enterprise budgets are created with limited insight into the operational data needed to create an accurate picture of the business drivers that affect the financials.   This is […]

HFMA President and CEO Joe Fifer told healthcare finance professionals last week at ANI: The HFMA National Institute. “People want to know why health care costs what it does and what we’re doing about it,” Fifer said. “We need to move beyond the rhetoric.”1 Fifer went on to say that consumers are fed up with […]

Today Oracle and Salesforce.com unveiled the forging of a new partnership that will align their cloud operations and provide customers flexible application integrations and rapid low-cost implementations. Both Companies Agree to Integrate Salesforce.com and Oracle Clouds From Oracle OPN Press Release, Redwood Shores, Calif. – June 25, 2013   Salesforce.com [NYSE:CRM] and Oracle [NASDAQ:ORCL] announced today a comprehensive […]

Perficient Oracle EPM team is in NOLA for the annual ODTUG Kscope13 conference, June 23-27.  The conference is tailored to developers, technical architects and business users to gain insights on Oracle technologies and applications including business intelligence, Oracle EPM, Fusion Middleware and Application Express.  The conference format and activities provide a vehicle for extensive networking and sharing content around Oracle tools and […]

The CEOs of three major hospital systems participated in a round table at the recent conference that I attended to discuss how their organizations are working to improve patient experience.  One of the topics that emerged is “financial transparency”.  All three disclosed that in their facilities, the Chief Financial Officer (CFO) makes regular rounds on […]

The main factors of evaluation in the sustainability, efficiency, and quality of healthcare delivery systems are clinical management of the patient population in parallel to financial balance and modeling. In more intricate detail, the healthcare industry can examine clinical management in segmentation of acute and chronic care, accuracy in diagnosis, and appropriate time administration of […]